Index of Eight Core Industries (Base: 2004-05=100) for December, 2015

1.       The summary of the Index of Eight Core Industries (base: 2004-05) is given at the Annexure.
2.       The Eight Core Industries comprise nearly 38% of the weight of items included in the Index of Industrial Production (IIP).The combined Index of Eight Core Industries stands at 175.7in December, 2015, which was 0.9% higher compared to the index of December, 2014. Its cumulative growth during April to December, 2015-16 was 1.9 %.

Coal
3.       Coal production (weight: 4.38%) increased by 6.1% inDecember, 2015over December, 2014. Its cumulative index during April toDecember, 2015-16 increased by 4.6% over corresponding period of previous year.
Crude Oil
4.       Crude Oil production (weight: 5.22%) decreased by 4.1% inDecember2015over December, 2014. Its cumulative index during April to December, 2015-16 decreasedby 0.8% over the corresponding period of previous year.
Natural Gas
5.       The Natural Gas production (weight: 1.71%) declined by 6.1 % inDecember, 2015. Its cumulative index during April to December2015-16declined by 2.7% over the corresponding period of previous year.

Refinery Products (93% of Crude Throughput)
6.       Petroleum Refinery production (weight: 5.94%) increased by 2.1 % in December, 2015. Its cumulative index during April to December2015-16 increased by 2.4% over the corresponding period of previous year.
Fertilizers
7.       Fertilizer production (weight: 1.25%)increased by 13.1 % inDecember, 2015. Its cumulative index during April to December2015-16 increased by 10.1% over the corresponding period of previous year.
Steel (Alloy + Non-Alloy)
8.       Steel production (weight: 6.68%) declined by 4.4% in December,2015. Its cumulative index during April to December2015-16 declined by 1.9%over the corresponding period of previous year.
Cement
9.       Cement production (weight: 2.41%) increased by 3.2 % inDecember, 2015. Its cumulative index during April to December2015-16 increased by 2.2over the corresponding period of previous year.
Electricity
10.     Electricity generation (weight: 10.32%)increased by 2.7% inDecember2015. Its cumulative index during April to December2015-16 increased by4.0 % over the corresponding period of previous year.

Note 1:Data are provisional. Revision has been made based on revised data received for corresponding month of previous year in respect of Coal, Crude Oil, Natural Gas, Refinery Product, Steel, Cement and Electricity. Accordingly, indices for the month December, 2014 have been revised.
Note 2: Release of the index for January, 2016 will be on Monday, 29thFebruary, 2016.

Annexure
Performance of Eight Core Industries

Yearly Index & Growth Rate

Base Year: 2004-05=100


INDEX
Sector
Weight
2010-11
 2011-12
2012-13
2013-14
2014-15
Apr-Dec 2014-15
Apr-Dec 2015-16
Coal
4.379
139.7
141.5
148.1
150.0
162.7
151.2
158.2
Crude Oil
5.216
111.0
112.1
111.4
111.2
110.2
110.5
109.6
Natural Gas
1.708
164.4
149.7
128.1
111.5
105.9
106.6
103.7
Refinery Products
5.939
129.7
133.7
172.5
175.0
175.7
174.8
179.1
Fertilizers
1.254
103.4
103.8
100.2
101.8
101.7
101.6
111.9
Steel
6.684
157.7
174.0
181.1
201.9
210.9
210.9
207.0
Cement
2.406
164.2
175.2
188.7
194.5
205.3
202.6
207.1
Electricity
10.316
138.1
149.3
155.3
164.6
178.3
180.4
187.6
Overall Index
37.903
138.4
145.3
154.7
161.2
168.4
167.4
170.5


GROWTH RATES (in %)
Sector
Weight
2010-11
 2011-12
2012-13
2013-14
2014-15
Apr-Dec 2014-15
Apr-Dec 2015-16
Coal
4.379
-0.2
1.3
4.6
1.3
8.5
9.5
4.6
Crude Oil
5.216
11.9
1.0
-0.6
-0.2
-0.9
-0.9
-0.8
Natural Gas
1.708
10.0
-8.9
-14.5
-13.0
-5.0
-4.9
-2.7
Refinery Products
5.939
3.0
3.1
29.0
1.5
0.4
0.2
2.4
Fertilizers
1.254
0.0
0.4
-3.4
1.5
-0.1
-1.4
10.1
Steel
6.684
13.2
10.3
4.1
11.5
4.4
6.9
-1.9
Cement
2.406
4.5
6.7
7.7
3.1
5.6
7.9
2.2
Electricity
10.316
5.6
8.1
4.0
6.0
8.3
10.0
4.0
Overall Index
37.903
6.6
5.0
6.5
4.2
4.4
5.7
1.9

#Refinery Products’ yearly growth rate of 2012-13 is not comparable with other years on account of inclusion of RIL (SEZ) production data since April, 2012.

Performance of Eight Core Industries

Monthly Index & Growth Rate

Base Year: 2004-05=100
Index
Sector
Coal
Crude Oil
Natural Gas
Refinery Products
Fertilizers
Steel
Cement
Electricity
Overall Index
Weight
4.379
5.216
1.708
5.939
1.254
6.684
2.406
10.316
37.903
Dec-14
186.0
113.4
110.1
186.2
108.5
213.1
211.2
177.6
174.1
Jan-15
185.0
112.6
108.5
185.7
111.6
218.9
217.2
175.7
174.8
Feb-15
185.9
101.5
95.8
166.0
97.5
195.9
205.7
164.8
161.5
Mar-15
220.4
113.9
107.2
182.5
96.9
217.3
217.4
175.9
177.8
Apr-15
156.0
106.6
100.9
161.3
87.3
201.3
213.6
176.0
162.4
May-15
156.5
112.5
107.8
186.0
101.8
231.7
221.3
194.0
178.6
Jun-15
148.1
109.5
102.9
183.9
105.3
221.1
215.0
181.8
171.2
Jul-15
134.7
110.7
99.0
176.2
111.3
206.3
209.7
190.3
168.0
Aug-15
139.0
112.8
107.2
185.1
119.0
197.5
197.2
194.3
169.6
Sep-15
143.2
107.4
103.9
170.3
119.4
197.5
195.8
194.4
166.8
Oct-15
168.4
111.3
105.6
172.5
122.1
209.4
207.4
201.1
175.4
Nov-15
180.3
107.3
102.6
185.9
118.4
194.6
185.9
174.2
166.8
Dec-15
197.4
108.7
103.4
190.2
122.6
203.6
217.9
182.4
175.7


Growth  rates
Sector
Coal
Crude Oil
Natural Gas
Refinery Products
Fertilizers
Steel
Cement
Electricity
Overall Index
Weight
4.379
5.216
1.708
5.939
1.254
6.684
2.406
10.316
37.903
Dec-14
7.5
-1.4
-2.9
6.1
-1.6
0.0
3.8
4.8
3.2
Jan-15
1.7
-2.3
-6.6
4.7
7.1
1.6
0.5
2.7
1.8
Feb-15
11.6
-1.9
-8.1
-1.0
-0.4
-4.4
2.7
5.2
1.4
Mar-15
6.0
1.7
-1.5
-1.3
5.2
-4.4
-4.2
1.7
-0.1
Apr-15
7.9
-2.7
-3.6
-2.9
0.0
0.6
-2.4
-1.1
-0.4
May-15
7.8
0.8
-3.1
7.9
1.3
2.6
2.6
5.5
4.4
Jun-15
6.3
-0.7
-5.9
7.5
5.8
4.9
2.6
0.2
3.0
Jul-15
0.3
-0.4
-4.4
2.9
8.6
-2.6
1.3
3.5
1.1
Aug-15
0.4
5.6
3.7
5.8
12.6
-5.9
5.4
5.6
2.6
Sep-15
1.9
-0.1
0.9
0.5
18.1
-2.5
-1.5
10.8
3.2
Oct-15
6.3
-2.1
-1.8
-4.4
16.2
-1.2
11.7
8.8
3.2
Nov-15
3.5
-3.3
-3.9
2.5
13.5
-8.4
-1.8
0.0
-1.3
Dec-15
6.1
-4.1
-6.1
2.1
13.1
-4.4
3.2
2.7
0.9


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